Co-op
This coverage examines Co-op’s operations, strategy, and role within the UK retail and convenience sector. Reporting covers store performance, product ranges, sustainability initiatives, community programmes, financial results, and leadership decisions. Focused on commercial and operational impact, it offers insights for retail executives and managers engaged in grocery, convenience, and ethical retailing.
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Aug- 2023 -15 AugustSupermarkets
Supermarket sales slow as inflation falls
Overall take-home grocery sales increased by 6.5% in the four weeks to 6 August 2023, down from 10.4% last month, as grocery price inflation fell by 2.2 percentage points to 12.7%, according to the latest results from Kantar. Kantar revealed that the prices of some staples like milk have edged…
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2 AugustNews
Co-op announces £70m investment to lower product prices
Co-op has announced its biggest ever single investment in pricing of £70m, as it extends its member-only pricing across everyday essentials, launching with a list of nearly 200 fixed lines including milk, eggs and bread. This move will give Co-op members a chance to save up to 11% on retail…
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2 AugustSupermarkets
Co-op boss hits back at profiteering claims amid rise in shoplifting
Co-op Food boss Matt Wood has “lashed out” at supermarket profiteering claims amid a surge in crime at the group’s stores, The Telegraph has reported. Hood claimed that shoplifters were able to “overrun” retailers without facing consequences, and warned that people were defending their actions after MPs accused supermarkets of…
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Jul- 2023 -27 JulyHigh Street
Retail crime soars by 35% to record levels, Co-op warns
Retail crime has soared to “record” levels, with repeat offenders and criminal gangs operating with little consequences, the Co-op Group has warned. The retailer said it has seen crime, shoplifting and anti-social behaviour surge 35% year-on-year, with more than 175,000 incidents recorded in the first six months of this year,…
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18 JulySupermarkets
Supermarkets see largest drop in grocery price inflation since its peak
Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to 14.9% in the four weeks to 9 July 2023, according to the latest data from Kantar. It comes as take-home grocery sales over the same period grew by 10.4% compared…
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14 JulyOnline & Digital
Nisa expands delivery service with Just Eat partnership
Nisa has partnered with Just Eat to launch an on-demand online delivery partnership, increasing access “to quick convenience shopping in communities throughout the UK”. According to Nisa, through the tie-up, its shoppers will be able to order items from local Nisa participating stores “for speedy delivery in as little as…
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13 JulyNews
Co-op appoints Debbie White as new chair
Co-op has appointed Debbie White as its new designated chair, to be effective when Allan Leighton steps down from the role in February 2024. White brings a wealth of business and commercial experience, having held a series of significant and complex executive roles, including group chief executive of Interserve and…
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11 JulyNews
Waitrose announces partnership with UberEats
Waitrose has announced plans to grow its position in on-demand grocery shopping and the convenience sector with a new multi-year partnership with UberEats. The partnership has now launched on the UberEats platform in five initial London stores, including John Barnes in Finchley Road, West Hampstead, Clerkenwell, St Katharine Docks and…
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11 JulySupermarkets
The Co-op to unveil store refurb in Kent
The Co-operative will be unveiling the refurbishment of its store in Longfield, Kent, this Thursday (13 July) after a four-week programme of works and improvements. Along with the refurbishment, the store has also benefited from an enhanced range of fresh products, meal ideas, everyday essentials, hot food, food-to-go, Fairtrade products,…
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10 JulySupply Chain
Demand for retail warehousing falls to decade low
Demand for retail warehousing has reportedly fallen to its lowest point in the last decade, according to The Telegraph. The news comes as the surge in online shopping which culminated at its peak during the Covid-19 pandemic has also begun to falter with shoppers returning to the high street. The…
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